Tucson Real Estate Snapshot August 2010

The Tucson MLS Statistics report for August isn’t out yet. The data for the report was pulled on Friday, Sept. 3, 2010. We should have the report sometime the middle of next week.

However, a quick data pull that morning gave me an approximation of what will be in the report for closed transactions and pending contracts.

The Closed transactions at that time were 861, currently that number is 877.  By contrast July currently stands at 823 closed transactions.  Typically we have 20 to 30 late entries so we could end up in the 880 to 890 area for August.

Pending Sales include all properties that are either Active Contingent, Active CAPA, or Pending with a Pending Date between August 1, 2010 and August 31, 2010.  That number is  currently  1502 pending contracts.  This is a strong indicator of where we are headed into the final quarter of the year.  July came in at 990 down from the previous month and down from July 2009.  However, the July figure has been revised from the original report which showed 1703.  I indicated at that time I could get 1364 pendings from the system.  Side note: (The summary page Pendings now show 990, but the next page still adds up to the previous stated pendings in the report.)

Tucson MLS Statistics Reports Conflicting Data

We are getting a lot of conflicting numbers in The Tucson MLS Statistics reports since switching to the FLEXMLS system.  I’m not saying this is an issue with FLEX, but we switched to the FLEXMLS system in April.  We should be getting good data in our reports  by July, but we arent.

That’s the snapshot.  I’ll have a full breakdown of the report as soon as it is made available.

This entry was posted in Tucson Real Estate Market. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*


− 7 = two

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>